It’s axiomatic that businesses can’t discriminate on the basis of age when it comes to hiring, promotion, etc. A federal law—Age Discrimination in … Read more about Age Matters in Your Employee Benefit Plans in 2025
12 Tax-Related Questions About a Company Vehicle
Most businesses use vehicles—cars, trucks, or vans—to conduct their activities. For example, on Schedule Cs for self-employed individuals in 2021 (the … Read more about 12 Tax-Related Questions About a Company Vehicle
5 Strategies for Actualizing Your New Year’s Resolutions
Many small business owners may set resolutions they hope to pursue in the coming year. Maybe it’s about finding and retaining good employees, adopting … Read more about 5 Strategies for Actualizing Your New Year’s Resolutions
Celebrate Your Business Success
2024 is drawing to a close. Hopefully, this year has been a good one for your business. Perhaps you’ve hit or exceeded your sales goals. Maybe you … Read more about Celebrate Your Business Success
Looking Back on 2024: What’s Changed for Small Businesses?
LATEST UPDATE: On December 23, 2024, a federal appellate court lifted a nationwide preliminary injunction on Beneficial Ownership Information (BOI) … Read more about Looking Back on 2024: What’s Changed for Small Businesses?
Partnerships and LLCs: A Look at IRS Statistics
“The foundation of every successful partnership is not just shared vision but shared values.” – Author unknown A partnership is... A partnership is … Read more about Partnerships and LLCs: A Look at IRS Statistics
What to Do if You Need Disaster Recovery Assistance
Between January 7, 2024, and November 7, 2024, there were 127 federally-declared disasters. It seems that the number of these disasters has been … Read more about What to Do if You Need Disaster Recovery Assistance
Offering Gift Cards in Your Business: What to Know
The National Retail Federation predicts that gift card sales—a popular holiday purchase—could reach $28 billion this holiday season. “The average … Read more about Offering Gift Cards in Your Business: What to Know
Growing Your Business with a New Business Plan for 2025
Several years ago, a Harvard Business Review study found that having a business plan makes you more likely to succeed. “Entrepreneurs who write formal … Read more about Growing Your Business with a New Business Plan for 2025
Diversity in 2025: What Small Businesses Need to Know
On November 25, 2024, Walmart announced it was rolling back its DEI (diversity, equity, and inclusion) policies. This follows similar moves—abandoning … Read more about Diversity in 2025: What Small Businesses Need to Know
What’s New Taxwise for Retirement Plans in 2025
Retirement plans are an important way to help employees build financial security. There is great flexibility for employers in choosing the plan best … Read more about What’s New Taxwise for Retirement Plans in 2025
Writing Off the Cost of AI, Metaverse, and Other Technology
A September 2024 report by the U.S. Chamber of Commerce entitled The Impact of Technology on U.S. Small Business found some very interesting … Read more about Writing Off the Cost of AI, Metaverse, and Other Technology
Thanksgiving: Grateful to Be a Small Business Owner
“I am grateful for what I am and have. My thanksgiving is perpetual.” ~ Henry David Thoreau The annual national holiday of Thanksgiving for many … Read more about Thanksgiving: Grateful to Be a Small Business Owner
Growing Your Business by Adapting to Changing Tax Rules
“Yesterday is gone, tomorrow has not yet come. We have only today, let us begin.” ~ Mother Teresa Many of the tax rules that were put in place … Read more about Growing Your Business by Adapting to Changing Tax Rules
A Quick Look at J.K. Lasser’s Small Business Taxes 2025
For more than 25 years, I’m proud to say my tax book for small businesses has been the go-to guide for owners and tax advisers. The 2025 edition for … Read more about A Quick Look at J.K. Lasser’s Small Business Taxes 2025
